EU builds barriers to keep British companies from new €500m defence fund after Brexit

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Cold front? German Defense Minister Ursula von der Leyen and French Minister of the Armed Forces Florence Parly stand next a mock-up of the future European MALE Drone last April. Will the UK be shut out of EU defence procurement after Brexit?Credit:
Reuters

Senior sources in Brussels said that the European Commission had agreed to impose “strict conditions” on non-EU companies who wanted to participate in projects financed by the EU fund which is due to open next year.